Menu
Brokers
MT4 Forex Brokers
MT5 Forex brokers
PayPal Brokers
Skrill Brokers
Oil Trading Brokers
Gold Trading Brokers
Web Browser Platform
Brokers with CFD Trading
ECN Brokers
Bitcoin FX Brokers
PAMM Forex Brokers
With Cent Accounts
With High Leverage
Cryptocurrency Brokers
Forums
All threads
New threads
New posts
Trending
Search forums
What's new
New threads
New posts
Latest activity
Log in
Register
Search
Search titles only
By:
Search titles only
By:
Menu
Install the app
Install
Reply to thread
Forums
Forex Discussions
Fundamental Analysis
EURUSD
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Message
[QUOTE="Terry_8, post: 186789, member: 65834"] EURUSD NUDGES MILDLY HIGHER, MARKET PARTICIPANTS AWAIT GERMAN PPI DATA [ATTACH type="full"]17115[/ATTACH] EURUSD extends its gains in early Asian hours on Tuesday, although the 1.18 handle is turning out to be a crucial resistance for the pair. The currency pair has managed to stay afloat despite the risk-off sentiments prevailing in the market on concerns whether US lawmakers will be able to sketch out a coronavirus relief package. As of now, EURUSD is trading flat to positive at 1.1776 level, up by 0.07%. Meanwhile, investor sentiments remain dampened owing to the record surge in the daily coronavirus cases across Europe, thus limiting gains in the pair. The lockdown measures and strict social distancing norms adopted by the Union are shattering the hopes of a quick economic recovery. Coming on to the previous session, the pair touched an intraday high of 1.1793 level in response to the positive risk sentiments bolstered the speculations over the new US fiscal stimulus package. Although, Later in the session, the House speaker Nancy Pelosi gave a 48-hour deadline to reach a deal which raised uncertainty over the Stimulus package. Subsequently, the pair reverted from the day’s high and settled the day at 1.1769 level, up by 0.48%. Moving ahead, investors can take cues from the German PPI data, Current Account reports that can induce volatility in the pair. Later in the day, the US will publish the Building permits data and Housing Starts reports. SOURCE FXVIEW FB: [URL="http://www.facebook.com/fxviewdotcom/posts/227888068753567"]www.facebook.com/fxviewdotcom/posts/227888068753567[/URL] [/QUOTE]
Insert quotes…
Verification
Post reply
Top
Bottom
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.
Accept
Learn more…